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The economy of Oman is all set to a ‘much-needed’ boost from supplementary revenue due to the rise in prices of oil barrels, according to the country’s investment fund chief economist, Fabio Scacciavillani. He also quoted that the most difficult phase of Oman is coming...

Oman has released new rules of remittance and will come to effect from March 22. This new rule will put the expatriates who make substantial financial transactions under the scanner. This is a step taken to put a check on the money laundering activities of...

The National Energy strategy of Oman has come to the conclusion that Oman’s power demands require a more significant contribution. A minimum of 10% of the power requirement is from the renewable energy sources by the year 2025. The primary source of renewable energy is...